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Future Trend Analysis Report

Prepared for you on Saturday, December 4, 2021.

SOYBEAN OIL Jul 2022 (CBOT:ZL.N22)

Bear Market Rally (-75) - ZL.N22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZL.N22 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid ZL.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZL.N22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CBOT_ZL.N22
Open High Low ZL.N22 Price Change
56.13 57.22 56.01 56.48 +0.60
Entry Signal

MarketClub’s Trade Triangles for ZL.N22

long term down The long-term trend has been DOWN since Dec 1st, 2021 at 55.01

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2021 at 57.36

short term up The short-term trend has been UP since Dec 3rd, 2021 at 56.36

Smart Scan Analysis for ZL.N22

Based on our trend formula, ZL.N22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ZL.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.13 57.22 56.01 56.48 +0.60
Prev. Close Volume Bid Ask Time
56.57 11014 2021-12-03 14:19:45
Expiration2022-07-14Open Time20:00
Close Time14:20
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